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Rakhat AO (Kazakhstan)

Main Activities: Chocolate and Confectionery Manufacturing from Cacao Beans
Secondary Activities: Confectionery Merchant Wholesalers | Confectionery and Nut Stores
Full name: Rakhat AO Profile Updated: March 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Russian Download a sample report

Rakhat AO is a confectionery company located in Almaty, Kazakhstan. It was incorporated in 1942 and has a history of 75 years. The company employs around 4,500 people and operates production facilities in Almaty and Shymkent. Rakhat AO is known for its wide range of confectionery products, with over 400 different items belonging to 14 different groups. The company is the only confectionery enterprise in Kazakhstan that produces special products for people with diabetes, including chocolates, candies, cookies, and wafers with reduced calorie content and sugar replacement. One of the distinguishing features of Rakhat AO's products is the priority given to the production of chocolate products, which offers a great variety. The company has implemented an internal quality control system, ensuring the quality of raw materials and products at every stage of production. It has also obtained certifications for quality management systems. Rakhat AO's products are well-known in both the domestic market and international markets. The company distributes its products throughout Kazakhstan, with distribution systems in 18 cities, including 14 regional centers. It also exports its products to Russia, Belarus, Azerbaijan, Uzbekistan, Turkmenistan, Kyrgyzstan, Tajikistan, Germany, China, Afghanistan, and Mongolia. The company focuses on energy efficiency and has implemented an energy management system. Rakhat AO has also obtained certification for compliance with Halal standards, allowing it to produce Halal-certified products. Rakhat AO aims to expand its production volumes and increase its market share in other CIS countries and beyond. The company prioritizes the well-being of its employees, providing a safe working environment, competitive wages, and opportunities for training and professional development. In 2013, LOTTE Confectionery, a leading confectionery company from South Korea, acquired a majority stake in Rakhat AO. In 2019, LOTTE Confectionery increased its ownership to 95.5656%. In April 2021, Rakhat AO was renamed to LOTTE Rakhat Joint Stock Company.

Headquarters
ul. Zenkova, 2a
Almaty; Almaty; Postal Code: 050002

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Website: http://www.rakhat.kz

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
May 20, 1992
Key Executives
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Chairman
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President
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Chief Executive Officer
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Chief Financial Officer
Ownership Details
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95.57%
Subsidiaries
Osoo Almatinskie Konfetui
100%
Too Rakhat-Aktau
100%
Too Rakhat-Aktobe
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KZT. Absolute financial data is included in the purchased report.
Net sales revenue
24.64%
Total operating revenue
24.85%
Operating profit (EBIT)
12.22%
EBITDA
14.26%
Net Profit (Loss) for the Period
-1.72%
Total assets
5.73%
Total equity
10.21%
Operating Profit Margin (ROS)
-1.09%
Net Profit Margin
-2.08%
Return on Equity (ROE)
-1.06%
Debt to Equity Ratio
-1.87%
Quick Ratio
0.95%
Cash Ratio
1.64%

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